RE:You aren't wrong Tinley had no choice but to stop producing Hemplify due to regulatory constraints, you act as if they had a choice or licenses to produce hemp beverages when they didn't.
And the company is producing CBD drinks for co-packers. Tinley's coming out with a new CBD drink of their own with other CBG and higher doses products.
Blaze has a hemp beverage to fill the void in the event of merging which is apparently in the process whether people want to accept it or not.
The company thought there would be more money in cannabis beverages than hemp, they weren't necessarily wrong, consumers just haven't been thirsty for Tinley's drinks specifically..
California cannabis beverage sales dwarfed all of Canada so the company made the right decision starting in California but underestimated the difficulty.
Tinley's producing for MSOs right now Geo, Cookies is an MSO and one of the largest private cannabis companies in North America, so how did Tinley fumble?
Canopy was trying to takeover the world but couldn't even take over Ontario/Canada. Just the failed partnership with Drake alone costed more in impairment charges for Canopy than Tinley's current market cap. Not to mention the CEOs outrageous salary, Canopy has big plans alright, I think their eyes are bigger than their belly maybe....
Does Canopy have any cannabis drinks in the USA yet? Honest question Geo.